Wockhardt Pharma fall from its high in Apr 2015 is almost 80%. That took the stock to an attractive buying price with an 80% discount. Currently stock is trading near 635. Many would want to accumulate this share at current price. This is precisely what is seen on the chart. After a mega fall there is a consolidation on chart. This consolidation might be due to steady buying at currently levels. This buying may take the stock to higher levels.The next hurdle is at around 830. If the stocks breaks this hurdle successfully, the next one is around 1250. This might take couple of years.I would trade this stock with a loss exit of around 540.